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Author Topic: 5 Coins to buy - good selection?  (Read 404 times)
Mate2237
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May 13, 2024, 12:05:32 PM
 #41

do you think that this is a good crypto selection to invest 5k €, 1k each?

- Render (RNDR)
- Moonbeam (GLMR)
- NEAR Protocol
- Solana
- Shiba Inu

There's no need for in-depth research regarding the 5 assets you mentioned above, these five projects are projects with large MC based on the CMC list. What you need now is to find the right point to buy them. This means that you no longer need to study fundamentals, you can start by researching the charts of these tokens.

And do you think it’s better to invest in those 5 coins mentioned above than putting all 5k into just near, shiba and glmr?

That's not a good idea, don't put all your eggs in one basket, it's better to diversify so that it will reduce the risk of loss. But if you have more confidence, it's not wrong to put everything you have into just one asset.
There is need for good research before investing and the mistake I did before investing in Ethereum was that I did made any research to know if the network was good for me to invest and only follow someone recommendation and after investing in it then I realized that the network was congested and immediately after the investment the price too come down to $3,345 and I invested in it because the price was going up but it was not so i turn to a long term investment now.

If there is one coin that doing well then it is better to invest in that coin than investing in multiple coin ards

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